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president obama had no problem challenging the bush administration. the bush administration made a lot of mistakes. when i went to iraq with john mccain, we didn't come back and say all was well. john mccain asked for rumsfeld to resign. the storyline given by the bush administration wasn't accurate based by what we saw on the ground. the storyline given by this administration about libya doesn't match up with what happened on the ground. >> greta: doesn't match up, or a lie and deceitful? >> that's what we're trying to figure out. the more i look into what we were telling us on the 16th, the 18th, the 25th, days after the attack, the more it sounds like a political smoke screen. >> greta: are you going to ask probing question? >> we would be well served to have one group of senators from all the relevant committees interview each witness, compare notes. the d.o.d., department of state, cia, should be interviewed by select committees to get the same story from each group at the end of the year, tax rates go up on everybody, everybody in the country ge
president obama had no problem challenging the bush administration. the bush administration made a lot of mistakes. when i went to iraq with john mccain, we didn't come back and say all was well. john mccain asked for rumsfeld to resign. the storyline given by the bush administration wasn't accurate based by what we saw on the ground. the storyline given by this administration about libya doesn't match up with what happened on the ground. >> greta: doesn't match up, or a lie and...
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. >> reporter: rice needs the senate support if president obama chooses her to be the next secretary of state. ambassador rice met with lawmakers in a secure room behind this group of cameras here on capitol hill to discuss classified information. an aide to senator john mccain says she requested the meeting. afterwards, rice issued a statement saying the talking points the intelligence community gave her were incorrect and that at no time did she or anyone in the obama administration intend to mislead the american people. the white house worked to reinforce that tuesday. >> ambassador rice has no responsibility for collecting, analyzing and providing intelligence. >> reporter: acting cia director michael morrell joined rice's capitol hill meeting to help her field questions. danielle nottingham cbs 5. >>> president obama is making a public case this week for his approach to avert the "fiscal cliff." he is meeting today and tomorrow with small business owners and middle class families and he will visit a small business in pennsylvania on friday. negotiations with republicans continue
. >> reporter: rice needs the senate support if president obama chooses her to be the next secretary of state. ambassador rice met with lawmakers in a secure room behind this group of cameras here on capitol hill to discuss classified information. an aide to senator john mccain says she requested the meeting. afterwards, rice issued a statement saying the talking points the intelligence community gave her were incorrect and that at no time did she or anyone in the obama administration...
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bush, clinton, bush, obama, bush. >> probably due for another obama. i think bush, like christie, is a republican who has crossover appeal. he has tremendous support among hispanics because of his position on immigration reform. tonight i'm actually going to be with governor bush. condi rice and joe klein are doing a summit talking about the need for educational reform as a big national security challenge unless we get k-12 education right. we're not going to get this country right and a the fact someone like jeb bush has become one of the champions of education reform to me shows how republicans can are have tremendous appeal if they go beyond the narrow agenda. >> what do you think? >> i think he has enormous appeal. a very attractive candidate. as richard pointed out, he is not the republican candidate we've seen in the past couple of elections. he has enormous appeal to the hispanic community in this country. he has a real -- he's been a governor. he has made decisions. he's worked with legislatures. he knows how to get things done. >> does his las
bush, clinton, bush, obama, bush. >> probably due for another obama. i think bush, like christie, is a republican who has crossover appeal. he has tremendous support among hispanics because of his position on immigration reform. tonight i'm actually going to be with governor bush. condi rice and joe klein are doing a summit talking about the need for educational reform as a big national security challenge unless we get k-12 education right. we're not going to get this country right and a...
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several human rights groups have condemned the drone warfare rule book to be produced by barack obama it was policies to justify the use of unmanned aircraft targeted drone attacks are a tactic widely used under the current us leader despite. i'm retired colonel morris davis told r.t. the drones can't put an end to terror. i don't have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other program governed run by the cia which is a civilian agency that i'm not aware of what any internationally recognized legal authority for a civilian agency to go overseas and kill you know a war on terror is a war without end because it's really a war on a tactic not on a group of people so you know terror can't surrender so be fighting this war for you know the long as we live it has been the argument you know since nine eleven that the president is the commander in chief has unilateral authority to do anything necessary to keep the country safe john mccain and others here are saying that the administ
several human rights groups have condemned the drone warfare rule book to be produced by barack obama it was policies to justify the use of unmanned aircraft targeted drone attacks are a tactic widely used under the current us leader despite. i'm retired colonel morris davis told r.t. the drones can't put an end to terror. i don't have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other...
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to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past eliminating populations that didn't want to see their military become a student of washington's wars in washington i'm going to check out. now to some other stories making headlines around the world at least nineteen people were killed and over seventy wounded in iraq. capital baghdad by three near simultaneous bomb blasts cars exploded outside three shia mosques where believers were celebrating a traditional holiday honoring the prophet mohammad. early on tuesday least ten people died in a wave of bombings which hi
to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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large footprint occupations instead think of special ops and proxy armies next destination libya the obama administration has received congressional approval to allocate money for a special unit reportedly made up of some five hundred people who will train the country's forces according to one libyan militia commander a team of americans is already in the country looking for recruits a major obstacle in their way a vastly divided society there isn't an army and libya now and the army is not going to be because whenever you try and get militias which have a legion says to a variety of rays of things that the national interest so they have allegiance to a drive or to a sect or to a religion rather than having allegiance to the nation or to the country you cannot build an army but with training and aid fully via the u.s. we have more pragmatic goals then uniting the army you were just teaching them the best way to fight this war training initially because he really about it not so much about you know teaching people how to use rifles and how to use new equipment it's all about really more abo
large footprint occupations instead think of special ops and proxy armies next destination libya the obama administration has received congressional approval to allocate money for a special unit reportedly made up of some five hundred people who will train the country's forces according to one libyan militia commander a team of americans is already in the country looking for recruits a major obstacle in their way a vastly divided society there isn't an army and libya now and the army is not...
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military is following its own rules including flying on mandich to a craft a brought obama's working for drone warfare to justify the attacks which killed hundreds of civilians that's coming up shortly. plus a few things a scream crisis like supermarkets unlocking up even basic food so in an effort to deter those on the losing side of the age of austerity all that and much more lined up for you after the break. waves of corruption are rocking russia hundreds of millions of dollars vanished from apec building projects and russia's got enough satellite project a real estate scandal has also led to the defense minister being fired note i said fire in russia we hear a lot about corruption scandals and the reaction is usually a firing or forced resignation and maybe that would be ok another country but russia has big dreams in a big country that is big corruption spoiling all of those dreams a country can't survive with every infrastructural or scientific project is sucked dry from within whether the government is unwilling or unable to sternly punish these offenders is a huge topic by co
military is following its own rules including flying on mandich to a craft a brought obama's working for drone warfare to justify the attacks which killed hundreds of civilians that's coming up shortly. plus a few things a scream crisis like supermarkets unlocking up even basic food so in an effort to deter those on the losing side of the age of austerity all that and much more lined up for you after the break. waves of corruption are rocking russia hundreds of millions of dollars vanished from...
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several human rights groups have condemned president barack obama's drone war for our rule book a set of policy is reported to develop to justify the use of unmanned aerial vehicles targeted killings with the help of drones are in widespread use under the current if you us leader but it's most this surveillance will have become the victims of such attacks and retired colonel morris davis told r c it's wrong to think that the use of drones can put an ounce to tara. no i have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other program governed run by the cia which is a civilian agency that i'm not aware of what any internationally recognized legal authority for a civilian agency to go overseas and kill you know a war on terror is a war without end because it's really a war on a tactic not on a group of people so you know terror can't surrender so be fighting this war for you know the long as we live it has been the argument you know since nine eleven that the president is the commander
several human rights groups have condemned president barack obama's drone war for our rule book a set of policy is reported to develop to justify the use of unmanned aerial vehicles targeted killings with the help of drones are in widespread use under the current if you us leader but it's most this surveillance will have become the victims of such attacks and retired colonel morris davis told r c it's wrong to think that the use of drones can put an ounce to tara. no i have just a drone program...
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to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news after this short break don't go away. looking at some dorks you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strand in canada and the us i come to russia and everybody is so very friendly they welcomed me with open arms and the scenery is so beautiful it's very mu
to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away at one of the nation's most popular programs. >> medicare is clearly in the gunsights. >> reporter: it's possible congress and the president could agree to save $300 to $400 billion from medicare by cutting fees for doctors and hospitals. but analysts worry slashing payments won't make the health care system more efficient. >> this is not really a way to structurally change medicare and if you don't change the underlying incentives, you don't get long-term savings. >> reporter: progressives at the center for american progress say the government could save close to $150 billion by squeezing the prices the government pays for drugs. but
the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away at one of the nation's most...
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they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the economy going again? see that social security and medicare is saved for the next generation. >> eric: one quick point, can we as five or the con seventives, bob you should be interested in this, too. forget social security. we pay to the social security system. it's self-fulfilling. >> bob: they pay in medicare, too. >> eric: but we way with payroll and fica to social security. government raids socia
they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the...
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barack obama. barack obama. lou: i wonder how he reconciles the communists a keyless ways and jamie foxx characterization or do you suppose they bother? up next with morgan russell republicans indicating a willingness to break from broker norquist anti-tax pledge. what does that mean for the future of the republican party? the "a-team" with the answers. we're joined next. ♪ lou: the "a-team" republican pollster, campaign strategist, wall street journal opinion page editor, democratic strategist. good to have you here. let's start with the senators, these folks, on the republican side, the idea of higher taxes saying grover norquist and their -- is their problem. >> did not force their hand. many of them, including senator sax said that like a great deal. the 5-foot blown up version of the pledge he signed behind him at campaign events, raised money on it, ostensibly won his primary because of. every time one of these guys as i can no longer committed to a pledge that to 20 years ago, i am so grat
barack obama. barack obama. lou: i wonder how he reconciles the communists a keyless ways and jamie foxx characterization or do you suppose they bother? up next with morgan russell republicans indicating a willingness to break from broker norquist anti-tax pledge. what does that mean for the future of the republican party? the "a-team" with the answers. we're joined next. ♪ lou: the "a-team" republican pollster, campaign strategist, wall street journal opinion page editor,...
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train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past it leaning populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news for me in thirty five minutes with the news team in the meantime it's time for banking big shots to take cover because the cause report is up next after this break. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. giant corporations rule the day. the great russian barrios. prevailing over hazard
train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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president obama 59,000. bill clinton 11,000. the win her be announced december 14. >>> finally, china communist newspape daily" has been hoodwinked. they ran a 55-page photo spread in tribute to kim jung un and named "onion sexiest man alive." with his round face and boyish charm and the strong sturdy chin, this pyongyang bred heartthrob is every woman's dream come true. this is true. >>> you may soon feel effect not of the earthquake in your wallet from new environmental regulations that, now that president obama has won re-election. fox news net wok senior correspondent -- network senior washington correspondent peter bans takes a look at what it could mean for you. >> top senate critic of the environmental protection agency charmed after delaying regulations to help president obama win re-election. the epa is about to flood the nation with new rules to cost consumer and jobs. he said give me a chance to get re-elected. >> a report by the staff contends that the new gasoline rules from the epa could add up to 9 cents on the ga
president obama 59,000. bill clinton 11,000. the win her be announced december 14. >>> finally, china communist newspape daily" has been hoodwinked. they ran a 55-page photo spread in tribute to kim jung un and named "onion sexiest man alive." with his round face and boyish charm and the strong sturdy chin, this pyongyang bred heartthrob is every woman's dream come true. this is true. >>> you may soon feel effect not of the earthquake in your wallet from new...
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bush and barack obama. higher deficits and debt that, because of the graying baby boom, are fated to get even worse. >> the population was always going to age, the baby boomers were going to retire. they were paying a lot of social security contributions in 1990s. we were always going to shift into structural deficit for that reason. >> reporter: that's why even though we've been in deeper hot water before as a percentage of the economy, this time really may be different. with the baby boom hanging it up, increasing our debt load now presents a clear and future danger. and thus this era's key questions. >> if you want to keep social security and you want to keep medicare and if yes how are you going to pay for it? i don't suggest the answer will be sell more debt to the chinese. you have to pay the taxes to support the social insurance programs if that's what you want to keep. >> reporter: but americans do not want to pay higher taxes. >> no one wants to pay higher taxes. everybody is happy to have someone
bush and barack obama. higher deficits and debt that, because of the graying baby boom, are fated to get even worse. >> the population was always going to age, the baby boomers were going to retire. they were paying a lot of social security contributions in 1990s. we were always going to shift into structural deficit for that reason. >> reporter: that's why even though we've been in deeper hot water before as a percentage of the economy, this time really may be different. with the...
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president obama will implement obama care and financial reform in 2013. three, government spending went through the roof back then. it's going through another roof right now. and finally, we have fdr's pledge to reshape society. he blamed wall street for the sorry state of the economy, bankers were villains. surely, that rings a bell today, doesn't it? all of this begs the question, will 2013 be as lousy as 1937? i'm not going to make any such prediction, but the parallels with fdr in '37 and barack obama now feed into that sense of anxiety, and there is a strong sense of unease in america today. debt piles up. ben prints trillions. the economy is sluggish at best. and president obama looks like he's returned to the campaign trail, three weeks a f he won the election -- after he won the election. president roosevelt's policies did not bring america out of depression. world war ii did. let's hope that is not another unfortunate parallel. [ male announcer ] you are a business pro. monarch of markeng analysis. with the ability to improve roi through seo all
president obama will implement obama care and financial reform in 2013. three, government spending went through the roof back then. it's going through another roof right now. and finally, we have fdr's pledge to reshape society. he blamed wall street for the sorry state of the economy, bankers were villains. surely, that rings a bell today, doesn't it? all of this begs the question, will 2013 be as lousy as 1937? i'm not going to make any such prediction, but the parallels with fdr in '37 and...
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president obama meeting with small business leaders at the white house this afternoon to make his case for higher taxes ahead. we will also go to the home state of a kai player in tey pl talks. >>> the chevy volt struggling to work with car makers aed car buyers. why is general motors doubling down with its big bet in electric and has it jumped its sales? >>> facebook stock up 10% in the past week and 30% the past two months. has it finally turned a corpser? >>> speaking of corners, we have switched corners, tyler, the gentleman that he is, is braving you the snow and the ice in new york city and he is down on the floor of the new york estock exchange. >> a mucky day. not since 2008 has it been so high. more evidence the housing recovery is taking root. prices rising in the big cities but a warning we may head into a recession next year if the u.s. and europe don't solve their fiscal messes. right now the dow industrials a built of a breather down 21 points. >>> meanwhile, 34 days to the fiscal cliff. will a deal be done in time? today, president obama meets with small business leaders
president obama meeting with small business leaders at the white house this afternoon to make his case for higher taxes ahead. we will also go to the home state of a kai player in tey pl talks. >>> the chevy volt struggling to work with car makers aed car buyers. why is general motors doubling down with its big bet in electric and has it jumped its sales? >>> facebook stock up 10% in the past week and 30% the past two months. has it finally turned a corpser? >>>...
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has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. starts with ground beef, unions, and peppers baked in a ketchup glaze wi
has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>>...
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a look at president obama's dream team. >>> a fast and furious settlement. who is paying the price for the botched gun running. >>> answering questions about managing student debt. >> hi there. we're talking about managing your student loans. with me this hour, greg olson and carmen wong ulrich. carmen, your question. >> i was wondering how i'm going to afford a minimum wage job with the student loan advise to pay for and i just graduated from college. >> i feel for her. >> wow, wow, wow. it's a stuff situation. here's the thing we've got to know what type of loans does she have. if she's got private loans she's in a big pickle. low flexibility, but call them right away. if your proact everybody you can try to work with them before you get into trouble. if she's got federal loans, there's the income based repayment program and she's got look into that. it's a part of your discretionary income that goes to pay it every month. as her income goes up her bill will go up. that's good. it's never too unmanageable. >> suggestions? >> mom has that bedroom. >> exactl
a look at president obama's dream team. >>> a fast and furious settlement. who is paying the price for the botched gun running. >>> answering questions about managing student debt. >> hi there. we're talking about managing your student loans. with me this hour, greg olson and carmen wong ulrich. carmen, your question. >> i was wondering how i'm going to afford a minimum wage job with the student loan advise to pay for and i just graduated from college. >> i...
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obama's heads to suburban philadelphia. white house officials will say he continues to make his case to keep them where they are earning less than two 1/5 thousand and those making more. after a week of meetings of ceo and business leaders but not any with congressional negotiators. >> instead of sitting down with lawmakers to work out agreement, he is back on the campaign trail with the same talking points. >> the president tries to dramatize what the president shows the 60% of voters agree the wealthy should pay more in taxes. >> and republicans are responding that house republicans will visit local small businesses to emphasize the threat to jobs posed by the small business tax hike. lori: the epa may impose new regulations on air quality and carbon emissions and now one of particular is trying to prevent them from going into effect and peter barnes has details. senator inhofe the most vocal critic of the epa, the heartland institute presented him with more than 16,000 petitions and that demand congress cohmad graner wro
obama's heads to suburban philadelphia. white house officials will say he continues to make his case to keep them where they are earning less than two 1/5 thousand and those making more. after a week of meetings of ceo and business leaders but not any with congressional negotiators. >> instead of sitting down with lawmakers to work out agreement, he is back on the campaign trail with the same talking points. >> the president tries to dramatize what the president shows the 60% of...
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obama care. we achieve many of those savings by ending the overpayments to some of the private insurance companies within medicare. >> but we don't have health care costs under control. and that still is -- obama care did not address the rising cost of health care. frankly, some say wasn't even meant to. it was about access to health care. we can -- we can -- we can fight that battle all over again. but, bottom line, i think, is that, you know, mitch mcconnell and others have said that, you know, they're the ones who are bending. they're not seeing the bending from the democrats. let's listen to mcconnell for a second here. >> republicans have stepped out of our comfort zone, we've been clear about what we'll do and what we won't, and yet we remain at an impasse. leading us to ask, why? because a vocal minority on the hard left continues to argue to leaders of their party from the president on down that democrats in washington should do absolutely nothing about short-term or long-term spending pr
obama care. we achieve many of those savings by ending the overpayments to some of the private insurance companies within medicare. >> but we don't have health care costs under control. and that still is -- obama care did not address the rising cost of health care. frankly, some say wasn't even meant to. it was about access to health care. we can -- we can -- we can fight that battle all over again. but, bottom line, i think, is that, you know, mitch mcconnell and others have said that,...
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meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we'r
meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how...
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Nov 27, 2012
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where simon is and president obama is is where the liberal wing of the democratic party is. when you have senators members of the united states senate, like jay rockefeller, say though will not accept any level of enlightment reform, takes the negotiations and puts them in jeopardy before they even begun. what simon laid out is four step process everyone wants to see move forward and we'll have another trillion dollar deficit according to cbo moving into next year and we can't afford anymore like that. if we take what obama would be willing to support which is increase in the age of, again recipients and other type of reforms like that, then we have a legitimate negotiation as we move into it. but when you have liberal members of the democratic party stepping forward and saying before the process begins they will not accept any type of entitlement reform, it makes it untenable process from the beginning. jon: is it no entitlement reform, simon, or is it perhaps entitlement reform when it comes to medicare? i haven't heard anybody talk about reforming social security on democ
where simon is and president obama is is where the liberal wing of the democratic party is. when you have senators members of the united states senate, like jay rockefeller, say though will not accept any level of enlightment reform, takes the negotiations and puts them in jeopardy before they even begun. what simon laid out is four step process everyone wants to see move forward and we'll have another trillion dollar deficit according to cbo moving into next year and we can't afford anymore...
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same with president obama and think obama care and financial reform . attacking wall street as the villian. president roosevelt did that . wall street was the villians and shades of that exactly. 2013 president obama wall street is the villiage and then the rearrangement of society. fdr tried to do it. and president obama is doing it and run away government spending. parallels are there and hope it doesn't work out like it did then. >> we want all americans back to work. and back in the 30s industrial plummeted 34 percent in the first year of the second term. >> that is a depression in and of itself . set in the overall depression of the 1930s. 1937 was a catastrophic year. >> steve: how did thereat look some >> not much better. what bailed america and the world out of the depression was the second world war. >> gretchen: exactly. how did you get out of the mess in the 30s. we don't want to predict that. >> steve: we are just getting out of two of them. >> i think the bottom line here is fdr's policiless did not get america out of the great depression,
same with president obama and think obama care and financial reform . attacking wall street as the villian. president roosevelt did that . wall street was the villians and shades of that exactly. 2013 president obama wall street is the villiage and then the rearrangement of society. fdr tried to do it. and president obama is doing it and run away government spending. parallels are there and hope it doesn't work out like it did then. >> we want all americans back to work. and back in the...
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president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate
president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session...
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obama is demanded by congress and george w. bush's tax cuts for the top 2% of income earners households earning more than two and $50,000 a year, that those are extended. the middle class defined as households earning under that amount would be spared, continuing to enjoy the lower rates ushered through congress by mr. bush -- >> "washington journal" airs live every morning at seven eastern on c-span. senators are coming by again after their weekly party lunches, and are expected to debate defense and public policy programs. a senator: mr. president? the presiding officer: the senator from new york. mr. schumer: i ask unanimous consent the quorum be dispensed with. the presiding officer: without objection, so ordered. mr. schumer: mr. president, i rise to discuss the state of the ongoing negotiations to avert the fiscal cliff. so far, there's been little progress reported at the negotiating table. since the president's very productive meeting with the bipartisan leaders from the house and senate on november 16, the subsequent s
obama is demanded by congress and george w. bush's tax cuts for the top 2% of income earners households earning more than two and $50,000 a year, that those are extended. the middle class defined as households earning under that amount would be spared, continuing to enjoy the lower rates ushered through congress by mr. bush -- >> "washington journal" airs live every morning at seven eastern on c-span. senators are coming by again after their weekly party lunches, and are...
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meantime today president obama will be meeting with small business leaders. at issue of course is the series of tax increases and spending cuts that kick in at the end of the year if congress doesn't act. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> cnbc's raise above campaign continues. we're asking who has the courage to rise above partisan politics and find a solution. among our guests, three men who understand washington, wall street and corporate america very well. we have the chairman of president george w. bush's council of economic adviser, ed lazear, roger altman, and real estate tycoon don peebles. but let's cover this morning's top headlines. >>> we do have a lot in the corporate headlines this morning including equity residential and avalon bay communities agreeing to buy archstone from lehman brothers holdings. the price tag, about $6.5 billion in cash and stock. the deal gives lehman cash to help pay its creditors as it liquidates. but it paid $22 billion for this company originall
meantime today president obama will be meeting with small business leaders. at issue of course is the series of tax increases and spending cuts that kick in at the end of the year if congress doesn't act. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> cnbc's raise above campaign continues. we're asking who has the courage to rise above partisan politics and find a solution. among our guests, three men who understand...
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he's known boehner for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff, but he's seen washington's dysfunction and has his doubts. >> he's somewhat just like the president. it's time to do ahead and do your job. >> speaker boehner is secure enough in his own district that his constituents will give him a free hand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. >> carl, that's not just john boehner's job. it's also the job of eric cantor, the majority leader the on the democratic seed, harry reid and chuck schumer have to pull their flock behind any potential deal struck. that's not easy getting 60 votes the in the senate and the majority of the house. >> rangling cats on both sides, john. the president meeting with business executives at the white house, going to pennsylvania this week to visit a small business. all theater, or is there something bigger going on? >> he's trying to put pressure on the congress and generate mor
he's known boehner for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff, but he's seen washington's dysfunction and has his doubts. >> he's somewhat just like the president. it's time to do ahead and do your job. >> speaker boehner is secure enough in his own district that his constituents will give him a free hand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he...
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consulate in libya, one that could affect who president obama nominates as his next secretary of state. nbc white house correspondent chuck todd has the latest on this story. chuck, good morning to you. >> reporter: well, the woman who could be president obama's pick to replace hillary clinton as secretary of state, u.n. ambassador susan rice. she's going to capitol hill today for some closed door meetings with republican senators, including some of her toughest critics like john mccain as she attempts to explain her comments about the benghazi terrorist attacks, a move that could also signal the president is planning to go ahead with rice's susan rice heads to capitol hill today where along with the acting cia director, she'll meet with three of her toughest republican critics to do damage control, a move that could pave the way for rice's nomination for secretary of state. at issue, rice's initial incorrect explanation of the september 11th terrorist attack in benghazi. >> this is a spontaneous reaction to a video. >> reporter: when rice's name was first floated for secretary of stat
consulate in libya, one that could affect who president obama nominates as his next secretary of state. nbc white house correspondent chuck todd has the latest on this story. chuck, good morning to you. >> reporter: well, the woman who could be president obama's pick to replace hillary clinton as secretary of state, u.n. ambassador susan rice. she's going to capitol hill today for some closed door meetings with republican senators, including some of her toughest critics like john mccain...